Seller's Agent in 2020
John Klocek
ABI Multifamily
(602) 639-0088
9 in this area
22 Total Sales
2336 N 46th St Phoenix, AZ 85008
Camelback East Village NeighborhoodEstimated Value: $1,365,000 - $1,507,000
21
Beds
--
Bath
3,657
Sq Ft
$393/Sq Ft
Est. Value
Highlights
- Central Air
- Ceiling Fan
- Individual Controls for Heating
- Phoenix Coding Academy Rated A
About This Home
As of September 2020Sale includes 12 units comprised of (3) buildings/parcels located at 2336, 2342 & 2520 N 46th Street. All buildings must be sold together. An additional fourplex is also available for sale. It is located at 11244 N Saguaro Blvd in Fountain Hills (contact listing agent for more info). The Stills sits in an extremely popular part of Phoenix and features
mid-century, block construction. The property is fully remodeled with
attractive open space and the units are all very large with (9) 2-bed / 2-bath
units (very rare for a vintage property) and (3) 1-bed / 1-bath units. The
property was completely updated, top-to-bottom. The Stills features
completely updated exteriors with beautifully installed landscaping and
lighting. Full interior upgrades were completed with new flooring, fixtu ...were completed with new flooring, fixtures,
bathrooms, stainless-steel appliances, custom cabinets, and hard surface
countertops. Each unit has its own interior washer / dryer. New electrical
switches and outlets were added along with new lighting, fans, and
thermostats throughout. The finishes are above average and offer a luxury
feel to prospective tenants if and when a vacancy occurs. The units lease-up
immediately and there are additional value-add opportunities through raising
rents over time. Properties like this do not come on the market often! The Stills is a 12-unit apartment community located near the extremely
popular Lower Arcadia submarket. The property is located in a beautiful
residential neighborhood at the nucleus of the city, less than 5 miles to the
Biltmore, Sky Harbor Airport, Downtown Scottsdale, and Tempe. This little
strip of mid-century apartments has consistently maintained high occupancy
levels due to the increasingly popular architecture and central location. Units
in this area rarely are available. The location is as central as it gets and allows
residents to enjoy, with ease, so much of what Phoenix, Scottsdale, and
Tempe has to offer. The nearest light rail stop is approximately 2 miles away,
and there are many dining, shopping, and entertainment options, as well as
multiple freeway access points within minutes.
Last Agent to Sell the Property
ABI Multifamily License #SA657592000 Listed on: 07/09/2020
Last Buyer's Agent
Non-MLS Agent
Non-MLS Office
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,402
Year Built
- Built in 1964
Lot Details
- 0.26
Home Design
- Block Exterior
Parking
- 12 Parking Spaces
- 12 Covered Spaces
Utilities
- Central Air
- Individual Controls for Heating
- Master Water Meter
Additional Features
- Ceiling Fan
- Additional Parcels
Listing and Financial Details
- Tenant pays for electricity
- The owner pays for trash collection, water, sewer, landscaping
- Tax Lot 5, 6 & 9
- Assessor Parcel Number 126-08-007
Community Details
Overview
- 3 Buildings
- 12 Units
- Building Dimensions are 100x114
Building Details
- Operating Expense $48,934
- Gross Income $202,206
- Net Operating Income $154,986
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 9, 2020
Closed on
Sep 18, 2020
Sold by
Ar2336 Llc
Bought by
Goldstein Investment Co
Seller's Agent
John Klocek
ABI Multifamily
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$2,880,000
Sold Price
$2,610,000
Premium/Discount to List
-$270,000
-9.38%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,174,000
Avg. Annual Appreciation
-10.62%
Purchase Details
Closed on
Mar 6, 2018
Sold by
Fortress Capital Partners Llc
Bought by
Ar2336 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
4.15%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 18, 2016
Sold by
Meyers Garaldine and Meyers Nancy
Bought by
Fortress Capital Partners Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
3.71%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 12, 2015
Sold by
Meyers Garaldine
Bought by
Meyers Geraldine and Meyers Nancy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,000
Interest Rate
3.85%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 9, 1999
Sold by
Ellman James P and Ellman Linda W
Bought by
Meyers Garaldine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.73%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 27, 1994
Sold by
Hayland Investments
Bought by
Ellman James P and Ellman Linda W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,750
Interest Rate
9.2%
Mortgage Type
Seller Take Back
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Goldstein Investment Co | $2,610,000 | Commonwealth Title | |
| Ar2336 Llc | $1,100,000 | Commonwealth Land Title Insu | |
| Fortress Capital Partners Llc | $340,000 | Lawyers Title Of Arizona Inc | |
| Meyers Geraldine | -- | Wfg National Title | |
| Meyers Garaldine | $210,000 | Capital Title Agency | |
| Ellman James P | $162,500 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ar2336 Llc | $825,000 | |
| Previous Owner | Fortress Capital Partners Llc | $247,500 | |
| Previous Owner | Meyers Geraldine | $166,000 | |
| Previous Owner | Meyers Garaldine | $168,000 | |
| Previous Owner | Ellman James P | $113,750 | |
| Closed | Ellman James P | $3,750 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/30/2020 09/30/20 | Sold | $2,610,000 | -9.4% | $714 / Sq Ft |
| 08/25/2020 08/25/20 | Price Changed | $2,880,000 | 0.0% | $788 / Sq Ft |
| 07/23/2020 07/23/20 | Pending | -- | -- | -- |
| 07/09/2020 07/09/20 | For Sale | $2,880,000 | 0.0% | $788 / Sq Ft |
| 05/31/2019 05/31/19 | Rented | $1,300 | 0.0% | -- |
| 04/23/2018 04/23/18 | Price Changed | $1,300 | -1.9% | $1 / Sq Ft |
| 04/13/2018 04/13/18 | Price Changed | $1,325 | +1.9% | $1 / Sq Ft |
| 04/04/2018 04/04/18 | For Rent | $1,300 | -- | -- |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,036 | $15,957 | -- | -- |
| 2024 | $1,898 | $15,197 | -- | -- |
| 2023 | $1,898 | $72,130 | $14,420 | $57,710 |
| 2022 | $1,830 | $48,020 | $9,600 | $38,420 |
| 2021 | $1,860 | $42,280 | $8,450 | $33,830 |
| 2020 | $1,826 | $32,550 | $6,510 | $26,040 |
| 2019 | $1,819 | $28,920 | $5,780 | $23,140 |
| 2018 | $1,714 | $25,380 | $5,070 | $20,310 |
| 2017 | $1,642 | $24,430 | $4,880 | $19,550 |
| 2016 | $1,606 | $24,020 | $4,800 | $19,220 |
| 2015 | $1,507 | $16,100 | $3,220 | $12,880 |
Source: Public Records
Agents Affiliated with this Home
-
John Klocek
-
Patrick Burch
Seller Co-Listing Agent in 2020
Patrick Burch
ABI Multifamily
(520) 603-1768
11 in this area
35 Total Sales
-
N
Buyer's Agent in 2020
Non-MLS Agent
Non-MLS Office
-
H
Seller's Agent in 2019
Hugh Anderson
Anderson & Anderson Real Estate
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6100795
APN: 126-08-007
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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